That would have been the market value per share.

This is the book value for a share.

So that's fine.

This is the book value.

Let's say that the market value we talked before that the book value per share of this company is 5.

So if we believe these numbers, if we believe the books, the book value of the shares is about 3.02 per share.

So each of those shares is one 500 millionth of this equity.

Whenever you hear things like book value, and I've done a couple of videos on book value versus market value, but the book value is essentially what you have on your accounting books.

So this is interesting.

Full metal jacket.

So let's see, the book value per share is what?

So let's say if this was on our books.

And it's something interesting here.

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But the market value or assets is essentially, what is the market saying the assets are worth?

And now there's 2.5 billion shares to split this equity.

And this is very relevant to what's going on in the world today.

And that tells you that the book value per share is 4.

That's something like eight percent of the total agricultural output globally.

They're able to do more with whatever assets we give them.

And let's say that there are 100 million shares.

So, let's see, you're doing 8.4 million divided by 2.78 million shares.

And that's interesting.

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All right.

Take us in. Full impulse.

I'm sorry, the correct answer is Full Metal Jacket .

We have 3 billion in loans.

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Dilithium chambers at maximum, Captain.

So what is happening here?

I found that Phillips name in your notarial ledger.

Then the number that pops out on the equity side, that is a book value of your equity.

The answer, I think, is that they used every tool in the toolbox.

You've got full impulse and warp standing by.

And book equity per share, or the book value per share of 6.00.

And that's split amongst 500 million shares.

If this is the market value so let's say this is the stock price, or the market stock price I'd be skeptical of paying two times the book value.

A flight manifest?

The factory is running at full capacity.

But we could do that to test for mediation.

That's essentially the market's sense of what this number really is.